The news and herald. (Winnsboro, S.C.) 1877-1900, 1887-05-19
THE WESTERN BOOM.

8 BSRSseph, no., Still Leading All Competi =
tors in Heal Estate Deals and the Acqui-
sitioa of substantial Enterprises.
The most noticeable real estate activity
continues to prevail at ST. Joseph, Mo-,
says correspondent Of an Eastern paper.
Packing houses and other industrial enter-
prises, among them the Louisiana Tobacco
Works. are going in at q lively rate; one
of the chief evidences of the growth of the
city being the granting ola franchise to a
syndicate of Kansas City capitalists for the
construction Of an extensive system Of ca
BILE lines, to be commenced at once, and to
cost $500, 900. The best evidence however.
is in the showing Of actual transactions
closed In one week recently: w. A. T..
Mcdonald bought 90 lots In Eastern Ex-
nsion for $40, 500. He sold 81 Of them for
$40. 700, and sold balance at an advance of
500 per foot In cost. Sam Nave and j. s.
Britton bought lot In Patee's addition for
S2, 600 and sold for So, 900 in four days. w.
II. Constable bought lot 2, block "a, st.
JJeoseph Extension, for $500, and sold for
$3.50. j. s. Blackwilder, of Chicago,
bought eighty feet, southeast corner Of
Third and Sylyanle, for $4,000, AMI has
been offered nearly double that for 1t and
refused It, j. M. Hill paid 81, 900 for north
east corner Second and Francis, and has
since refused $3.50 G. w. Brown bought
TWO lots ON st. Joseph avenue for 81 900,
and sold In six days tor Sc, 600. John Kelly
bought two lots in Eastern Extension; he
paid 5000; In thirty days he sold it for 5000;
1T has since been resold for 81, 200. j. T..
Tyler bought lot In Eastern Extension
Tor S125 and sold to Hubbard for $500 who
has since been offered 800. l.. L. Carter
bought lot In January In Kemper's ad-
dition for 800. In three days after no was
offered 81 900, and since then $4,000. He
bought four lots in Robidoux addition for
$4,000; sold for $4,000, and his purchaser
dnI6 NJ n
bought three lots for $500 and sold for
S1,150 in three days, and in four days they
were resold for 81 400. d. @. Grswold
bought six lots in East st. Joseph for 5000
and sold the next day for $3.50; also three
others for 5000 ana resold la three weeks
for 81, ,000
One of the publishers Of Hoye's Direc-
tory, speaking Of the Western cities and
tho prevailing boom, writes as follows Of
st. Joseph, where he has just issued the
Directory for 1887 "Not only has st.
Joseph increased in population at most
one year Of 5,846, while the total population
in round numbers Is shown to he GOO0O,
but she has undergone q spirited revival
that augurs the outstripping Of all compe-
tition., Ten years ago the city had scarce
~ dozen manufactures, whereas tho
year 81 finds her with some 40 Of all
kinds, with thirteen railroads, the largest
stockyards west of Chicago, some thirteen
miles of streets, paved with asphaltum, and
as many miles more under contract, with
the electric motor soon to be in operation
on two Of the car lines, and the cable line
an assured fact, and new enterprises
springing up daily on every hand. The
demand for real estate has been steady and
active For the past year st. Joseph has
led almost continually the other clties of
the United States In bank clearances, tho
per cent. of increase over 1886 reaching In
one case 140.7, and up to date maintaining
an average of almost 100. Down to Dec.
81, 1886, ST. Joseph's jobbing houses did
business of S110, $4,000, showing all in
crease in the business of 1886 over that of
1866 of S23,111 ,O2S. A fair indication Of the
inc, easing business may be sought in the
fact that st. Joseph now employs force
Of, commercial travellers numbering 1913
men,
st. Joseph, more than. any other Western
town, offers the best inducements to men
Of small capital to commence manufac-
turing business, anu to mechanics and la
borers to find employ aud build desir-
able homes,